US trade panel affirms hot-rolled steel duties on seven countries

Washington

THE US International Trade Commission (ITC) handed another victory to American steelmakers on Monday, affirming most of the recent anti-dumping and anti-subsidy duties on hot-rolled flat steel imports from Australia, Brazil, Britain, Japan, the Netherlands, South Korea and Turkey.

The commission rejected anti-subsidy duties of about 6 per cent against hot-rolled steel from Turkey, but affirmed anti-dumping duties of about 6 to 7 per cent against Turkish-made hot-rolled steel.